2018 has been a tough year for fund managers specialized in
cryptocurrencies trading, due to the 75% bitcoin drop that dragged down the
alt-coins too. Bacause of these poor performances, numerous investors are
worried about the future of their savings even if the fund managers say to keep
calm.

In a recent letter to their investors, Pantera Capital, one
of the biggest and most famous hedge fund specialized in criptoassets
investing, reiterated their view that tokens and cryptocurrencies will achieve
a global scale adoption. However, the premise is that investors should wait at
least two or three years before their cryptoassets reach the fair value.

The snapshot of the cryptomarket in the first days of 2019
shows that bitcoin is still the asset with the biggest market cap, equal to 67
billion USD, followed by ethereum, whose capitalization is only 15 billion USD,
and ripple, with a market cap of 14 billion USD.

Despite a lot of people is trying to call the bottom, for
the moment the negative trend seems to be the dominant scenario for bitcoin.

Negative outlook for ethereum too, even though Joseph Lubin,
one of its co-founders, triggered a rally (that seems a bear market rally) by
calling the bottom.

Maybe cryptoinvestors should wait some more before their crypto-holding
make their new all time highs.